Corporate Operations: Page 56


  • Red Robin ends year-long battle with activist investor

    The deal with Vintage Capital includes the appointment of an independent director and allows the investor to acquire up to 20% of the company's stock.

    By April 2, 2020
  • Image attribution tooltip
    Retrieved from McDonald's on July 25, 2019
    Image attribution tooltip

    McDonald's rolls out wellness checks, will test employee temperatures

    The company and its franchisees will ask workers a series of health-related questions before they can clock in for shifts.

    By April 2, 2020
  • Front-of-end restaurant staff uses SevenRooms' customer relationship management software. Explore the Trendline
    Image attribution tooltip
    Courtesy of SevenRooms
    Image attribution tooltip
    Trendline

    How AI is shaping the restaurant industry

    Automated technology can transform restaurant systems and relieve pressure from rising operating costs, opening up new opportunities for chains looking to sharpen their value proposition. 

    By Restaurant Dive staff
  • Logan's Roadhouse from Flickr
    Image attribution tooltip
    "Logan's Roadhouse" by Kzoo Cowboy is licensed under CC BY 2.0
    Image attribution tooltip

    Logan's Roadhouse parent lays off staff, changes exec leadership

    After closing its restaurants, CraftWorks has terminated 18,000 employees as it attempts to navigate a previously filed Chapter 11 bankruptcy. 

    By Lauren Manning • April 2, 2020
  • Image attribution tooltip
    "Papa John's" by Mr. Blue MauMau is licensed under CC BY 2.0
    Image attribution tooltip

    April was Papa John's strongest month in its 35-year history

    Comp sales rose 27% during the month, with 10% of that growth likely due to the impact of COVID-19 and more people staying at home.

    By Updated May 7, 2020
  • Burger King parent will give operators $70M in cash advancements

    Restaurant Brands International is also pausing remodel obligations and deferring rent payments at properties it controls to free up cash for franchisees during the novel coronavirus pandemic. 

    By Alicia Kelso • March 31, 2020
  • Domino's boosts Q2 sales with contactless delivery

    Despite a slowdown in U.S. same-store sales growth in Q1, this off-premise push drove a 7.1% increase in U.S. same-store sales during the first four weeks of Q2. 

    By Updated April 23, 2020
  • Yelp pauses automatic rollout of GoFundMe pages amid restaurant backlash

    Restaurant owners took to Twitter to voice their frustration with the practice, which they claim is invasive and could undermine independent fundraising efforts. 

    By March 30, 2020
  • COVID-19 puts BYO coffee cups on hold, but sanitized reusable systems could fill the void

    Major brands like Starbucks and Dunkin' have banned the use of personal to-go containers in recent weeks over coronavirus fears, raising new questions in a wider debate around packaging safety. 

    By Karine Vann • March 27, 2020
  • Coronavirus derailing Wendy's strong Q1 sales growth

    Sales grew 15% during the first week of the chain's breakfast launch and same-store sales were up 4% in the first two months of the year, only to slide 20% during the week ending March 22. 

    By March 27, 2020
  • Image attribution tooltip
    Thai Phi Le
    Image attribution tooltip

    Chipotle raises pay 10% for restaurant workers

    The increase, which juxtaposes industrywide layoffs and reduced shifts for front-of-house workers, will be in effect for hourly employees through April 12.

    By Lauren Manning • March 27, 2020
  • Jimmy John's sells fresh bread during pandemic
    Image attribution tooltip
    Courtesy of Inspire Brands
    Image attribution tooltip

    Jimmy John's delivers fresh bread to drive social buzz

    App customers can post pictures of their homemade bread creations to social media and include the hashtags #FreakyFreshBread and #MadeWithJJBread.

    By Robert Williams • March 27, 2020
  • The Cheesecake Factory furloughed 41,000 employees

    In addition to the furloughs and informing its landlords that it won't be able to pay April rent, top executives have elected to reduce base salaries by 20%. 

    By Alicia Kelso • Updated March 27, 2020
  • Image attribution tooltip
    The image by MIKI Yoshihito is licensed under CC BY 2.0
    Image attribution tooltip
    Deep Dive

    Coronavirus decimates restaurant profits, but financial safety nets exist

    Restaurants forced to close are left with few options to keep the lights on, but experts suggest negotiating with third parties to figure out where they can get a break is one place to start.

    By March 26, 2020
  • Image attribution tooltip
    Retrieved from McDonald's on July 02, 2019
    Image attribution tooltip

    McDonald's pulls all-day breakfast

    The QSR giant is also temporarily paring down its morning menu amid novel coronavirus disruption, a move that would have been unthinkable just a few weeks ago. 

    By March 26, 2020
  • Flickr image of Taco Bell
    Image attribution tooltip
    "Taco Bell" by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Yum Brands suspends buyback program to free up cash for franchisees

    The restaurant group said its franchisees have experienced "significant" store closures and reduced store-level operations due to the coronavirus outbreak. As of March 18, about 7,000 Yum restaurants are closed globally. 

    By Alicia Kelso • March 25, 2020
  • Image attribution tooltip
    Amber Boutwell, Punch Bowl Social
    Image attribution tooltip

    Punch Bowl Social faces foreclosure

    Cracker Barrel, which previously bought a $140 million non-controlling stake in the company, says it won't provide any additional financial resources. 

    By Updated March 25, 2020
  • Burger King’s biggest franchisee reverses decision to cut staff pay 10%

    Hourly reductions will only apply to staff above store-level workers and CEO Dan Accordino will forgo his salary for three months, Carrols told employees in a memo.

    By Updated March 25, 2020
  • McDonald's CEO names new chief people officer

    The workplace culture of the fast food giant has recently been in the spotlight as a result of major leadership changes, alleged labor violations and discrimination lawsuits.

    By Sheryl Estrada • March 24, 2020
  • Restaurant sales could slump 20% in next 12 months, Moody's says

    This outlook is more positive for the second half of the year, when state-mandated shutdowns are predicted to lift, but brands may face challenges around insufficient labor, reduced consumer income and permanent closures.  

    By Lauren Manning • March 24, 2020
  • McDonald's to shutter all stores in UK, Ireland

    The chain's 1,270 locations in this region will no longer offer drive-thru and delivery, and employees at corporate-owned restaurants will be paid for scheduled shifts through April 5.

    By March 23, 2020
  • Darden's Q3 results hint at dismal future for casual dining

    Same-store sales dropped more than 21% for the week ending March 15 across its brands, with same-store sales declining 60% this week. 

    By Alicia Kelso • March 20, 2020
  • McDonald's reportedly pushed against sick leave provision in coronavirus package

    The chain is concerned the package — which requires companies with 50 to 500 employees to give workers two weeks paid sick leave — will hurt its franchisee profitability, according to Business Insider. 

    By March 19, 2020
  • Union Square Hospitality Group lays off 80% of staff over coronavirus closures

    After shuttering all of its restaurants on March 13, the company laid off 2,000 employees, joining a handful of other fine-dining groups that have cut staff over the last week.

    By March 19, 2020
  • &pizza employees (used for 3/18 profile on coronavirus response)
    Image attribution tooltip
    Permission granted by &pizza
    Image attribution tooltip

    &pizza's coronavirus response plan: Pay workers more, not less

    As restaurants across the country lay off workers in droves, the Washington, D.C.-based pizza chain has raised hourly pay $1 and is developing plans to keep staff fully employed even if its stores temporarily close. 

    By March 18, 2020
  • An image of a beige building with Chuck E Cheese signage. Above the sign is a logo of a smiling rat with hat and T-shirt.
    Image attribution tooltip
    The image by Mike Mozart is licensed under CC BY 2.0
    Image attribution tooltip

    Chuck E. Cheese closes dine-in, offers in-home birthday packages

    While still offering off-premise dining, the birthday-focused restaurant is making its dance-party-themed videos and rewards available online and selling family packs with cake, pizza and goodie bags during COVID-19 closures.

    By Lauren Manning • March 17, 2020